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20131202
20131210
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CNBC 15
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English 15
Search Results 0 to 14 of about 15
CNBC
Dec 2, 2013 1:00pm EST
. >>> plus mexico planning major reforms that may change its economy forever. our michelle caruso-cabrera is on the case. >> we're 55 miles off the coast of mexico over one of the few deepwater drills controlled by the state. why american investors for the first time in 75 years making a crack at mexican oil. over the next 40 years the united states population is going to grow by over 90 million people, and almost all that growth is going to be in cities. what's the healthiest and best way for them to grow so that they really become cauldrons of prosperity and cities of opportunity? what we have found is that if that family is moved into safe, clean affordable housing, places that have access to great school systems, access to jobs and multiple transportation modes then the neighborhood begins to thrive and then really really take off. the oxygen of community redevelopment is financing. and all this rebuilding that happened could not have happened without organizations like citi. citi has formed a partnership with our company so that we can take all the lessons from the revitaliza
CNBC
Dec 5, 2013 1:00pm EST
international correspondent michelle caruso-cabrera is on the case. michelle? >> tyler, all those things lead to a big question. did austerity work? we're getting some pretty clear-cut evidence today. that's next on "power lunch." >>> follow the money. all right. also ahead, where's that wicked winter storm going next? it is bringing cold, snow, ice, sleet, hail, pestilence across the country. it's hitting travelers and everyone else. the forecast is coming up. where will it go next? >>> w to "power lunch." check out caesar's entertainment, the world's biggest casino company is cautioning investors that internet gambling might hurt rather than help its brick and mortar casinos. caesar's which owns 4 of atlantic city's 12 casinos wrote in a regulatory filing that gambling online could reduce patron visits to its casinos in new jersey and nevada and harm the company's bottom line. but a spokesman at the company downplayed the warning, telling the associated press it had to be included for legal reasons regardless of how likely or unlikely the company believes a potential risk to be, sue, back o
CNBC
Dec 5, 2013 5:00pm EST
as i live i will do what i can to learn from him. michelle and his family, michelle and i extend our deepest sympathy and gratitude for sharing this extraordinary man with us. his life's work meant long days away from those who loved him most. i only hope for peace and comfort to his family. to the people of south africa we draw strength from the example of renewal, reconciliation and resilience that you made real. a free south africa at peace with itself. that's an example to the world. that's his legacy to the nation that he loved. we will not not likely see the likes of nelson mandela again. it falls to us as best we can to follow the example that he set to make decisions guided not by hate but by love. to never discount the difference that one person could make. the strive for a future that is worthy of his sacrifice. for now let us pause and give thanks for the fact that nelson mandela lived. a man who took history in his hands and bent the arc of the moral universe towards justice. may god bless his memory and keep him in peace. >> we have been listening to president obama touc
CNBC
Dec 6, 2013 6:00am EST
international correspondent michelle caruso cabrera. good morning, michelle. >> good morning. clearly, nelson mandela's greatest legacy is his ability to bring the people of you south africa together and overcome racial divides. but at cnbc, we're aware that economic freedom is important to democratic freedom, as well. you saw the picture of the emergence from prison in 1990. at that point, he is a marxist, he was to nationalize the mines. by 1994, he's a completely different person. he's embraced things like privatization, a good monetary policy to control inflation. he's embracing the controlling of government expenditures, things that the imf today would say, wow, great job. in fact, if you read some liberal leftist logs, many of them are extremely critical of nelson mandela because he tried to out imf the imf. so a pragmatist is a good description of his economic legacy and economic growth improved under mandela's rule. it's still tremendous inequality in south africa, something they haven't completely overcome at this point. certainly he took major steps, not just political we bub econom
CNBC
Dec 3, 2013 4:00am EST
. >>> speaking to michelle caruso cabrera, harris warned challenges still remain. >> obviously, we have come a lock ways since the springtime. we have exited the danger zone, we are stabilizing the situation, we're taking control of the situation. the challenges, of course, remain, but i think this is what the rating agents are beginning to register. the resilience of the secured economy and the determination to bring it back on tap, basically. >> so you mentioned that there are still challenges and hurdles. one of them must be the removal finally of the capital controls. you said earlier this month that within months, they would be fully lifted. does that mean you're still on target for january sometime? because the president had said earlier in the year that they would all be listed in january. >> yes. that's the aim of the government. let me say the afflictions are nothing compared to what they were. there are restrictions on all the new money coming into the economy. and most normal banking transactions can already be conducted without any restrictio restrictions. we aim to do away with
CNBC
Dec 6, 2013 4:00am EST
black president. and in 2011, he was paid a visit in south africa by first lady michelle obama who brought along first daughters malia and sasha. admired around the world and revered at home, nelson mandela's south africa embraced a future and he leaves a legacy of freedom and proof that one life can make a difference. >> we are one country. we are one people. >> let's just take a look at the johannesburg stock market. we saw in the past half an hour, there was a five-minute pause to trade to go mark mandela's passing. it's been one of the stronger performers so far this year, 13 plus percent the size of the gains. the currency, the opposite story that we've seen pressure on the south african rand of late. dollar/rand rates are up, which means the rand has been down 24% so far this year. we've seen further gains extended across the xetra dax. still a couple hundred points as what we had in november. but 0.4% on the ftse. the cac extending its gain now with the ftse. but this is nonfarm payrolls. the market is very much looking to see what the jobs number is going to be out of the s
CNBC
Dec 2, 2013 9:00am EST
season. chad dickerson, ceo of etsy. our chief international correspondent, michelle ka reca cabrera just got back from mexico. take a listen. >> reporter: ahead on cnbc why for the first time in 75 years american investors may finally get a crack at mexican oil. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. [ female announcer ] today cisco is connecting the internet of everything. is caused by people looking fore traffic parking.y that's remarkable that so much energy is, is wasted. streetline has looked at the problem of parking, which has not been looked at for the last 30, 40 years, we wanted to rethink that whole industry, so we go and put out these sen
CNBC
Dec 9, 2013 5:00pm EST
carefully before investing. with investment information, risks, fees and expenses i'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. >> let's get to one social media stock, twitter soring and ending just below the $50 mark. >> if it's going to go to 50, i think it will do it without a lot of people which is probably why it will make the move up to the high 40s first. >> what does that mean? >> everybody thought that -- >> they didn't think it would go there. >> i want to make it clear. i didn't think the right trade was to get a long stock. everybody is saying buy knit the mid 30s. what everybody thinks that it typically does th
CNBC
Dec 6, 2013 9:00am EST
and also, michelle, let's go to you. job growth averaging 195,000 each month on average for the last 12 months. >> the last 12 months, last 24 monies, last 36 months practically. the trend is moving up very, very gradually. the pace of job growth is not. a lot of nice gains in manufacturing and construction. i certainly think this puts us on track for q 1. i think march is more likely than january. >> let's stick with the positive aspect of this, which is the figures. manufacturing up 27,000, construction up 20,000, retail doing well. weep expect the fast food restaurants and drnging places to take on staff and that's always been the case but this is mu much broader. one of the benefits is the household wealth effect, equity effect coming up. >> for some. a lot of people at the bottom don't -- >> that's the biggest taper argument that the fed is sending a signal they ten to stimulate the equity market forever. >> that's very, very interesting. it was yesterday or the day before that obama decided to relaunch do you think that janet yelleni yellening. >> any type of a taper is not going
CNBC
Dec 3, 2013 7:00pm EST
investor. our commitment has never been stronger. i'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. >>> welcome back to "the kudlow report". we're hearing reports of progress in the budget negotiations between republican house member paul ryan and democratic senator patty murray. it's a small scale deal but what main zbool to replace the sequester spending cuts with other less painful savings in the budget. according to politico a compromise deal with set federal government spending at $1 trillion next year. they want to get a deal done by december 13th so congress can go home for the holidays without a potential government s
CNBC
Dec 6, 2013 3:00pm EST
to knitting on the portfolio management skills. >> you look at the market, what jumps out at you, michele? >> every single cycle there's a moment where the market turns. where good news starts out bad news because you worry about the fed, right, et cetera. the fed will get easier whether it's taper or raising rates. and then good news becomes good point. feels like we hit that point. the underlying economy is what drives the stock market. >> are we having a moment here, evan? >> there is a moment. it's not just between the two of us. i think the big story is, we are looking -- i'm going to call it the official end of the 31-year run of a bull market in bonds. >> wait a minute. >> i heard that before. >> you just said 31. >> i think it's 31. i think it's 31. >> people have been saying 30. they've been wrong. >> i think it's 31. i think it's important because what's going to happen in the next few months, it seems very unlikely, given the employment report and what's going on with some of the numbers, gdp numbers, that the ten-year yield will ever move down below 2.50 again. >> to what, sno
CNBC
Dec 3, 2013 9:00am EST
'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliabi
CNBC
Dec 4, 2013 9:00am EST
into refineries. michelle caruso-cabrera yesterday with a fabulous piece about mexico. she does fine reporting in areas we have to spend more final right. >> you got that right. >> and lennar, is it too easy a story that you sell the housing companies here? >> it's been the right thing when rates go to 3. when you get there, you revisit. turns out the companies are making a little bit more money to get there. i don't have a thesis to buy those stocks. i have a theses to buy a whirlpool because i think there's going to be turnover. the cfo talked about when your house gets above water, you spend more money on it. so i'm not saying the housing related's bad but i don't have a thesis going on a home builder. not right now. >> not much green on my screen this morning. shares of hewlett packard up 2%. >> because i pushed a stock about as hard as i've ever pushed a stock in my lifetime. there will be people who said your head is -- i can't think of anything else other than the -- >> probably the reason. >> i pushed it really hard because the chart is great and i think meg whitman is pulling off mayb
CNBC
Dec 9, 2013 3:00pm EST
funds, for example. michele caruso cabrera will join us to describe the implications. >> let's get a quick check of markets. starting off pretty quiet. the dow is adding 16 points. a couple points higher on the nasdaq. on s&p 500 perhaps more significantly, bill are simply the levels we're looking at. 16,000 plus on the dow. 4,067 on s&p. >> let's talk about today's market action in our "closing bell" exchange with jem ma godfrey, we have anthony chan from chase,on n onon john naplatano and gem you tweeted, the headline allocation. >> we're starting to see rally fatigue. we think that will support the rally. good news is good news and bad news is good news. the fed is likely to remain supportive. this rally fatigue means people are reallocating away from growth into value. the biggest beneficiaries of this could be let's say, european equities over u.s. equities where valuations are looking tight. and opportunities within the financial sector and also risks there so you have to be selective. >> we'll get to that in a second. on this point about how expensi
CNBC
Dec 3, 2013 6:00am EST
to "squawk box." nine months later, cyprus's ded debt has been upgraded, not downgraded. michelle caruso cabrera sat down with the finance minister to determine how they managed that. >> you remember the scene, it was absolute chaos, the banks were shut down for two weeks, they were begging for billions from their european partners. people wondered if once again we were going to see the european financial system come apart. here we are, s&p upgraded cyprus last week. it's extraordinary. it took nine months for cyprus to get upgraded. it took four years for greece to get upgraded. this is harris georgeioti. we spent a lot of time talking about what happened and why it's so different. he said cyprus took really hard decisions early on. they cut spending immediately and early and budget cuts came at a quicker pace. he didn't compare that to greece. i'm saying compared to greece because i that you tell saw greece first hand. they're still fighting some reforms he don't want to do in greece. bottom line, he says he thinks the worst is behind cyprus. >> hopefully we have come a long way since
Search Results 0 to 14 of about 15